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Donor Advised Fund

What is a Donor Advised Fund?

A Donor-Advised Fund (DAF) is a charitable giving account that allows individuals or families to make charitable donations, receive an immediate tax deduction, and then recommend grants to nonprofits over time.

DAFs have become one of the most popular tools for charitable giving because it blends simplicity, flexibility, and strong tax advantages. Here are the main pros:

  • Immediate Tax Benefits
  • Tax-Free Growth
  • Avoid Capital Gains Taxes
  • Simplicity and Convenience
  • Flexibility in Giving
  • Family Involvement in Giving
  • Strategic Philanthropy
  • Great Fit for Hospital Foundations!

A Donor-Advised Fund allows you to make charitable contributions, receive potential tax benefits, and recommend grants to support the causes you care about most — including the future of healthcare in our community.”

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Donor-Advised Funds (DAFs)

A Donor-Advised Fund (DAF) is a simple and flexible way to support Baxter Health Foundation and other charities you care about—today and in the future.

When you contribute to a DAF, you can make a charitable gift, receive an immediate tax benefit (if eligible), and then recommend grants from your fund over time. It allows you to be both intentional and strategic with your giving while supporting meaningful causes at your own pace.


Why Use a Donor-Advised Fund?

Support Baxter Health When It Matters Most

DAFs make it easy to provide ongoing support for Baxter Health programs; patient care, equipment, and services that directly impact our community.

Potential Tax Advantages

Contributions to a DAF may provide:

  • An immediate charitable tax deduction
  • Avoidance of capital gains taxes on appreciated assets
  • Potential reduction in taxable estate

(We recommend consulting your financial advisor for guidance specific to your situation.)

Flexibility in Your Giving

With a DAF, you can:

  • Give when it is most advantageous for you financially
  • Recommend gifts to Baxter Health Foundation over time
  • Support multiple areas of need from one account

Opportunity for Growth

Funds within a DAF may be invested for potential tax-free growth, increasing your ability to make an even greater impact on healthcare in our region.

A Meaningful Family Legacy

Many families use DAFs to involve loved ones in charitable decision-making, creating a shared tradition of giving that can span generations.

How Baxter Health Foundation Benefits

Donor-Advised Funds help strengthen Baxter Health Foundation by:

  • Providing consistent, reliable philanthropic support
  • Funding critical healthcare initiatives and innovation
  • Enhancing patient care and community programs
  • Helping ensure high-quality healthcare remains close to home

Questions? We are happy to work with you and your advisor to help you include Baxter Health Foundation in your Donor-Advised Fund giving plan. Please call the foundation at (870) 508-1738.